Stock Symbol: PPL
Two North Ninth Street
PPL Corporation Industry:
PPL Corporation Description:
PPL Corporation, headquartered in Allentown, Pa., controls about 11,500 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to customers in Pennsylvania, the United Kingdom and Latin America.
PPL Corporation Financial Summary:
PPL Corporation, through its subsidiaries, generates electricity, markets wholesale or retail energy, delivers electricity to private customers, & provides energy services for businesses. For the 6 months ended 6/30/05, revenues rose 7% to $3.08B. Net income from cont. ops. and applic. to Common rose 3% to $347M. Results reflect rate increases and positive currency exchange rates, partially offset by charges related to the sale of plant in Arizona.
PPL Corporation Business Summary:
PPL Corporation (PPL) is an energy and utility holding company, which through its subsidiaries, generates electricity from power plants in the northeastern and western United States; markets wholesale or retail energy primarily in the northeastern and western portions of the United States; delivers electricity to nearly five million customers in Pennsylvania, the United Kingdom and Latin America, and provides energy services for businesses in the mid-Atlantic and northeastern United States. PPL's significant subsidiaries are PPL Energy Supply, LLC (PPL Energy Supply), PPL Electric Utilities Corporation and PPL Gas Utilities Corporation. PPL EnergyPlus, LLC, PPL Global, LLC and PPL Generation, LLC are owned by the Company through PPL Energy Supply. PPL is organized into three segments: Supply, Delivery and International. In April 2004, PPL Global sold its investment in Companhia Energetica do Maranhao (CEMAR). CEMAR is a Brazilian electric-distribution company.